Senior Financial Analyst

When you join the growing BILH team, you're not just taking a job, you're making a difference in people's lives.

Job Type:

Regular

Scheduled Hours:

40

Work Shift:

Day (United States of America)

Hybrid/remote availability.

Under the direction of the Director, Productivity Management, the Senior Financial Analyst is part of an integrated cross-functional finance team, working as an embedded finance expert. They support the usage and maintenance of the productivity systems across BILH. The Senior Financial Analyst is an integral member of the Finance, Benchmarking and Productivity team supporting the hospital facilities, assisting with the analysis of performance daily, weekly and monthly compared to targets and budget. They provide data that is accurate, congruent, and reliable, and ensure the information is easily available to users for direct consumption or integration with other systems. Sr. Financial Analysts must have an in-depth understanding of the business environment and an interest in going beyond the obvious, delving into the source, finding insights, and turning those insights into a story to drive impact and better decision making.

Job Description:

Essential Duties & Responsibilities including but not limited to:

1. Assist in the maintenance and use of the productivity system, including attending meetings (if necessary), processing adjustments, reconciliations, and reporting needs.

2. Performs statistical, cost, and financial variance analysis of data to evaluate financial performance and identify improvement opportunities across various levels of business.

3. Assist in the development of presentations, including key observations of statistical, financial, and qualitative information.

4. Provide support in developing strategic recommendations to aid decision-making by senior management

5. Provide routine reporting in support of financial statement preparation and statistical indicators

6. Assist in the preparation of Proforma statements where needed as related to capital and other matters related to facilities, as requested and above scope for System Services review

7. Attend meetings as a representative of Finance as requested by operational management and as a representative for the department director, if necessary

8. Keep abreast of healthcare trends and market development as context for analyses

9. Prepare ad hoc reports as needed

10. Complete special projects as assigned accurately and timely as required

11. In addition, this position may have ongoing or periodic duties or responsibilities in addition to those described in this position description.

Organizational Requirements:

• Maintains strict adherence to the Beth Israel Lahey Health Confidentiality Policy.

• Incorporates Beth Israel Lahey Health Guiding Principles, Mission Statement, and Goals into daily activities.

• Complies with all Beth Israel Lahey Health Policies. Complies with behavioral expectations of the department and Beth Israel Lahey Health.

• Maintains courteous and effective interactions with colleagues and patients.

• Demonstrates an understanding of the job description, performance expectations, and competency assessment.

• Demonstrates a commitment toward meeting and exceeding the needs of our customers and consistently adheres to Customer Service standards

• Participates in departmental and/or interdepartmental quality improvement activities

• Participates in and completes Mandatory Education

• Performs all other duties as needed or directed to meet the needs of the department

Minimum Qualifications:

Education: Bachelor's degree in Accounting, Finance, Business Administration, or equivalent education and experience.

Licensure, Certification & Registration: None

Experience:

2 to 5 years of progressively increasing experience in healthcare finance.

Skills, Knowledge & Abilities:

1.Excellent analytic and verbal skills

2.Self-motivated and dynamic individual with the ability to think creatively and work independently

3.Ability to manage multiple priorities

4.Ability to summarize and present results of analyses clearly and concisely to leadership

5.Proficient with MS Office applications, particularly Excel

FLSA Status:

Exempt

As a health care organization, we have a responsibility to do everything in our power to care for and protect our patients, our colleagues and our communities. Beth Israel Lahey Health requires that all staff be vaccinated against influenza (flu) and COVID-19 as a condition of employment.